Apple suppliers begin production of new iPad tablets - Bloomberg

Tue Aug 12, 2014 9:43am IST

A collection of Apple iPad Smart Covers are seen at the Apple store in San Francisco, California November 1, 2013.  REUTERS/Stephen Lam/Files

A collection of Apple iPad Smart Covers are seen at the Apple store in San Francisco, California November 1, 2013.

Credit: Reuters/Stephen Lam/Files

Related Topics

Stocks

   

REUTERS - Apple Inc's suppliers have begun manufacturing new iPad tablets in an attempt to revive flagging sales of the tablet, Bloomberg reported, citing people with knowledge of the matter.

Apple, which helped create the tablet market in 2010 with its first iPad, has seen growth plummet from 2012, as larger phones became more popular and people delayed replacing their tablets.

Mass production of the iPad with a 9.7-inch (24.6-cm) screen has already started, and it is likely to be unveiled by the end of current quarter or early next quarter, Bloomberg said, citing two people familiar with the matter. (bloom.bg/1r5YUTz)

A new version of the 7.9-inch iPad mini is also entering production and is likely to be available by the end of the year, Bloomberg said.

Apple spokeswoman Trudy Muller declined to comment on the report.

International Business Machines Corp said in July it would partner exclusively with Apple to sell iPhones and iPads, which could rejuvenate the tablet's sales by entering into a largely untapped corporate market.

Apple shipped 13.2 million iPads in the June quarter, 8 percent less than a year earlier. Sales of the devices, which accounted for 15 percent of revenue, fell short of Wall Street's expectations for the second quarter in a row.

(Reporting by Tanvi Mehta in Bangalore; Editing by Lisa Shumaker)

FILED UNDER:

Reuters Showcase

India Crush UAE

India Crush UAE

India cruise to easy win over UAE in Perth.  Read 

Budget 2015

Budget 2015

Full coverage of 2015/16 budget.  Full Coverage 

Sahara Saga

Sahara Saga

Some staff say Sahara has not paid salaries for months   Full Article 

Movie Review

Movie Review

"Dum Laga Ke Haisha" is rooted in reality, writes Shilpa Jamkhandikar.  Full Article | Related Story 

Nimoy Dies

Nimoy Dies

Leonard Nimoy, Star Trek's 'Mr. Spock,' dies at 83.  Full Article 

Gown Returned

Gown Returned

Lupita Nyong'o's $150,000 Oscar gown returned by thief via TMZ.  Full Article 

World Cup 2015

World Cup 2015

Full coverage of cricket world cup in Australia and New Zealand.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage